Address:
Freshwater Place OfficeTower, 2 Southbank Boulevard, Southbank, VIC
Type:
CBD office
Description:
37 level, premium grade office building with 544 carparks
Title:
Freehold (50% owned by Australand Property Trust)
Net Lettable Area:
54,932sqm
Occupancy:
100%
Net Income:
$10.9 million per annum (approx.)
Major Tenants:
PriceWaterhouseCoopers
SPI Electricity Pty Ltd
PMP Limited
HJ Heinz
Vanguard Investments Aust.
Microsoft
Zinifex
Property Age:
Completed in 2005
Book Value:
$167.1 million (As at December 2006 - 50% share)